Global Powder Coatings Equipment Market, By Component (Guns, Ovens, Powder Coating Booths and Systems, Sieving Systems and Others), End-Use Industry (General Metal, Agricultural and Construction, Appliance, Automotive, Architectural, Furniture, and Others), and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, UK, Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, UAE, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Powder Coatings Equipment Market
The powder coatings equipment market is expected to witness market growth at a rate of 12% in the forecast period of 2021 to 2028 and is expected to reach USD 3,654.70 million by 2028. Data Bridge Market Research report on powder coatings equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the automotive and construction industries is escalating the growth of the powder coatings equipment market.
Powder coating can be referred to as the coating that is applied as free-flowing or dry powder. It is entirely different from the traditional liquid paint because it needs a solvent for the filler and binder parts to form in a suspending liquid. It is mostly utilized to coat metals, such as household appliances, aluminium extrusions, bicycle and automobile parts, and drum hardware.
Major factors that are expected to boost the growth of the powder coatings equipment market in the forecast period are the rise in the utilization in several applications containing automotive, architecture, home appliances, and furniture. Furthermore, the growing need for medical devices and the increase in the attention on the VOC emissions reduction are further anticipated to propel the growth of the powder coatings equipment market. Moreover, the rise in the consumer goods companies and lower application cost in comparison to the liquid coatings and the up surging applications in the shipbuilding and pipeline industries, and the robust outlook in the furniture industry is further estimated to cushion the growth of the powder coatings equipment market. On the other hand, the struggle in gaining thin films and environmental tasks is further projected to impede the growth of the powder coatings equipment market in the timeline period.
In addition, the rise in the need for powder coatings for coil coating applications and the increasing demand for high-performance fluorine resin-based powder coating will further provide potential opportunities for the growth of the powder coatings equipment market in the coming years. However, the advanced energy consumption and the investment in machinery and tools might further challenge the growth of the powder coatings equipment market in the near future.
This powder coatings equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the powder coatings equipment market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Powder Coatings Equipment Market Scope and Market Size
The powder coatings equipment market is segmented on the basis of the component and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of components, the powder coatings equipment market is segmented into guns, ovens, powder coating booths and systems, sieving systems, and others.
- On the basis of end-use industry, the powder coatings equipment market is segmented into general metal, agricultural and construction, appliance, automotive, architectural, furniture, and others.
Powder Coatings Equipment Market Country Level Analysis
The powder coatings equipment market is analysed, and market size, volume information is provided by the country, component, and end-use industry as referenced above.
The countries covered in the powder coatings equipment market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the powder coatings equipment market due to the occurrence of manufacturers. Furthermore, the rise in the investment initiatives for the construction sector in the advancing countries will further boost the growth of the powder coatings equipment market in the region during the forecast period. North America is projected to observe a significant amount of growth in the powder coatings equipment market due to the sturdy development in the new product launches. Moreover, the ability addition and plant development by the automotive companies is further anticipated to propel the growth of the powder coatings equipment market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Powder Coatings Equipment Market Share Analysis
The powder coatings equipment market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the powder coatings equipment market.
The major players covered in the powder coatings equipment market report are Nordson Corporation, CARLISLE POLYURETHANE SYSTEMS, J.Wagner GmbH, Hangzhou Colour Powder Coating Equipment Co., Ltd., Asahi Sunac Corporation, Gema Switzerland GmbH, KCISPRAY, Mitsuba Systems (India) LLP, MS Oberflächentechnik AG, Parker Ionics, SAMES KREMLIN, The Eastwood Company., Eisenmann Corporation, Ocean WP Theme, Pittsburgh Spray, Powder X Coating Systems, llc., RED LINE INDUSTRIES LIMITED, Reliant Finishing Systems, and STATFIELD EQUIPMENTS PVT. LTD., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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